economist says godongwana faces tough choices ahead of budget speech

Economist Says Godongwana Faces Tough Choices Ahead Of Budget Speech

8 Days(s) Ago    👁 69

As the date for South Africas National Budget Speech approaches, all eyes are on Finance Minister Enoch Godongwana, who is tasked with navigating the country through challenging economic waters. With the speech scheduled for February 21, expectations are high for measures that will address the nations economic woes, including the challenges of inflation and soaring interest rates.

In his medium-term budget policy statement (MTBPS) last November, Minister Godongwana emphasised the governments commitment to supporting social protection and managing the wage bill while keeping the fiscal deficit in check.